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Being able to make transactions or exchange currencies while on the move is in demand. Most reputable and modern DCEs have developed mobile apps for their site. For the most part, it's only Android or iOS users who can benefit from a DCEs mobile program. Blackberry and Windows users will generally still need to use their mobile web browser. .

Once you're knowledgeable about the exchange and trading tools readily available, the next step is to sign up to the DCE. We examine how easy it is and the credentials you need to be able to sign up to your exchange. In general, most DCEs have a very similar sign-up process; however, a few do come with their own unique requirements. .

Some DCEs will provide you amounts of trading depending on the ID which you supply. If you merely supply an email address and confirm the email, then you are going to be given a limit on the value of currencies you can exchange or exchange. To increase the limit, you'll need to provide additional credentials. .

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Security is one of the most important sections that we cover. There are many DCEs on the market and so many advantages that sometimes the security of this exchange can be overlooked. Something to keep in mind is when we reviewing security, we are not only looking at how secure the servers are.

Firstly the connection to servers and the encryption used in addition to user account privacy are reviewed. When we see any holes in any one of these regions, then we'll expose them. Areas like 2-step authentication, SMS verification, and browser as well as device security are some of the safety points we pay intensely. .

On top of this, we look at how nicely backed up the systems really are. Some DCEs use centralised systems, which are not always the safest. We'd suggest only using DCEs using centralised systems to transfer out of your pocket to get exchanges and transactions and once you are done to transfer your electronic currencies back to your own wallet. .

In addition, we look at how nicely backed the systems being used to keep your cryptocurrencies are. Some exchanges utilize numerous locations for disaster recovery with data centres spread around the globe. Others utilize dedicated encrypted cloud hosting services such as those provided by Amazon.

Finally, as there has been a lot of news regarding some DCEs being hacked and electronic currencies stolen. We'll point out which DCEs have been hacked in the past, how they coped with the hack, did they pay back their client base, and that which was done to ensure that there is not a repeat incident. .

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Every DCE should have a respectable customer support department. Unfortunately, that is not always the case. It is surprising to see that a number of the very popular DCEs have some of their worst ticket service around. Thenthere are DCEs with bad tools, but excellent customer care.

We've been members of each cryptocurrency exchange support that we have reviewed. Our team test customer care on a regular basis to be certain we are keeping them on their feet.

When the DCE is not looking after us as a company, then we mark down their confidence rating. We also look out for 24/7 support service, DCEs with rapid support chat apps, telephone support, email service as well as social websites. What's more, it's vital that all DCEs we examine have excellent FAQ and self explanatory sections. .

A few DCEs have comprehensive news and blog sections in addition to training sections showing you how to trade, exchange and in general training that you not only how to use their website, but also the way the blockchain works, trading tips, industry news and much more.

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Not all DCEs limit other countries from signing up their exchange. Mostly exchanges that accept only cryptocurrencies are not fussy about which country you come from so long as you are bringing cryptocurrency approved by their DCE to the table.

On the other hand, many of the exchanges which accept fiat currency and fiat currency payment procedures or e-wallets as payment can confine certain countries from being able to sign up for their exchange.

There are many pros and cons to cryptocurrency exchanges. This is the reason we've designed a site which not only keeps track of the blockchain economy but one which also tracks all the pros and cons of using Cryptocurrencies Exchanges.

At the end of Get the facts each review, we provide a section that will be branded Why choose **** Exchange. We will record the pros and cons of every exchange which are used to think of a final rating out 10 for the DCEs trust rating.